Location

Houston, TX

Industry

Industrials

Investment Status

Realized

Investment Date

Jun 2010

Realized Date

Jul 2017

Sold to

Doosan Heavy Industries & Construction

Headquartered in Houston, TX, ACT is an independent provider of turbine component repairs for power generation and industrial end-users. ACT’s services include inspection, cleaning, repair, vacuum heat-treating, custom machining, testing and metallurgical analysis, as well as engineered solutions for life extension of critical turbine components.

“The financial, strategic and operational support Platte River has provided to ACT throughout our partnership has been invaluable. We accomplished all we had set out to do, and our management team looks forward to a new chapter of continued growth.”

Billy Coleman, President and CEO

ACT

Testimonials and endorsements reflect Platte River's and portfolio company management's opinions and beliefs regarding the company and the investment. Such opinions and beliefs are subjective, do not represent a complete assessment of the company, the market or Platte River's overall investment performance and cannot be independently verified. Such statements are being offered as references for purposes of demonstrating the benefits of working with the Platte River team and not for the purpose of soliciting investors. Portfolio company executives receive/received a salary and economics from the portfolio company. No executives were paid for their testimonial or endorsement. There is a conflict of interest in these unpaid testimonials and endorsements in that all speakers stand to benefit from Platte River’s success, and they work/worked for a Platte River portfolio company.

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Global X-Ray & Testing Corporation

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